Hats Off State Bank of India! You Have Made a Difference – FIRST BATTLE WON! THE WAR IS NOT OVER!! 1)The recent decision of the Debt Recovery Tribunal handing over to the Indian Banks Consortium the sale proceeds of the shares held by Mr Vijay Mallya and the companies controlled by him, will bring about Rupees Six Thousand Five Hundred Crores to the kitty of all the lender banks. From and out of the recovery, SBI can appropriate around Rupees One Thousand Six Hundred Crores which they had earlier written off. SBI , in the last financial year reported an annual profit of 23,000 Crores.This recovery of 1500croreswould mean an increase of 15% of the preceding Quarterly Profit. So, this recovery will add to the profit of this financial quarter in the SBI balance sheet. I am sure the banks and the Serious Frauds Office of the Union of India have identified other assets in South Africa and Europe. Mr Mallya himself would have other assets under his control in India which CBI or SFO w
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